[The following information applies to the questions displayed below.] Felix & Company reports the following information. Period Units Produced Total Costs 1 2 0 400 $ 2,575 3,295 3 800 4,015 4 1,200 4,735 5 1,600 5,455 6 2,000 6,175 bok 7 2,400 6,895 8 2,800 7,615 9 3,200 8,335 10 3,600 9,055 nt int . ences (1) Use the high-low method to estimate the fixed and variable components of total costs. (2) Estimate total costs if 3,000 units are produced. High-Low method - Calculation of variable cost per unit Total cost at the high point Variable costs at the high point Volume at the high point Variable cost per unit Total variable costs at the high point Total fixed costs Total cost at the low point Variable costs at the low point Volume at the low point Variable cost per unit Total variable costs at the low point Total fixed costs High-Low method - Calculation of fixed costs (2) Estimated cost if 3,000 units are produced: Estimated total cost